$2,400,000
SOLD JUN 14, 2024

405 Breakwater Dr Fishers, IN 46037

Olio Neighborhood
5 Beds
7 Baths
12,419 Sq Ft
1.72 Acres

Recently Sold

$193 Per Sq Ft

11% Below List Price

221 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Great Room with Fireplace
  • Brooks School Elementary School Rated A
  • 1.72 Acre Lot
  • Wooded Lot

About This Home

As of June 2024

Remarkable Estate Home in Private, Gated Geist WATERFRONT Community. Graciously sited on 1.7 acres in Breakwater with BOAT DOCK. This 12,419 sf home has been NEWLY REMODELED to the Highest of Standards. Exceptional custom finishes, 6 fireplaces, 10-14' ceilings & extensive millwork throughout. MAIN LEVEL PRIMARY WING w/luxe bath. Daylight lower level features a BR w/Full BA, Media RM, Fitness RM, Training & Batting Area, Rec Area, Custom Bar, Wine Cellar, & Living Space. Updates to mention include a home Sonos System, Eros Wi-Fi System, Wi-Fi repeaters & extenders throughout, Lutron Lighting System on both the interior & exterior. See extensive list of improvements in supplements.

Last Agent to Sell the Property

Chris Schulhof

RE/MAX Realty Services Brokerage Email: chris@indyplace.com License #RB14031306

RE/MAX Realty Services

Last Buyer's Agent

Drew Schroeder

eXp Realty, LLC License #RB14038598

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,930

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 1.72 Acre Lot
  • Waterfront
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Side or Rear Entrance to Parking
  • Aggregate Flooring
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Wired For Sound
  • Built-in Bookshelves
  • Tray Ceiling
  • Vaulted Ceiling
  • Paddle Fans
  • Fireplace in Hearth Room
  • Entrance Foyer
  • Great Room with Fireplace
  • 6 Fireplaces
  • Breakfast Room
  • Den with Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Attic Access Panel

Finished Basement

  • 9 Foot Basement Ceiling Height
  • Sump Pump
  • Fireplace in Basement
  • Basement Lookout

Home Security

  • Security System Owned
  • Radon Detector
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Spa
  • Water Access
  • Covered patio or porch
  • Fire Pit
  • Breezeway

Schools

  • Hamilton Southeastern High School

Utilities

  • Humidifier
  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 291502009002000020

Community Details

Overview

  • Association fees include home owners, entrance private, insurance, maintenance, management, snow removal, trash, sewer
  • Breakwater Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,930

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$208 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2005
  • Building Area Total: 12419
  • Garage Y N: Yes
  • Lot Size Acres: 1.72
  • Subdivision Name: Breakwater
  • Transaction Type: Sale
  • Website: www.IndyPlace.com
  • Accessibility Features YN: No
  • MBR_AttributionContact: chris@indyplace.com
  • Attribution Contact: chris@indyplace.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Finished, Daylight/Lookout Windows
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, Kitchen Exhaust, Microwave, Convection Oven, Refrigerator, Warming Drawer, Washer, Water Softener Owned, Wine Cooler
  • Levels: Two
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 4914
  • Fireplace Features: Basement, Den/Library Fireplace, Great Room, Hearth Room
  • Fireplaces: 6
  • Interior Amenities: Attic Access, Breakfast Bar, Built In Book Shelves, Raised Ceiling(s), Tray Ceiling(s), Vaulted Ceiling(s), Center Island, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Storage, Surround Sound Wiring, Walk-in Closet(s), Wet Bar
  • Living Area: 12419
  • Main Level Bedrooms: 1
  • Other Equipment: Heat Sensor, Radon System, Security Alarm Paid, Smoke Alarm, Theater Equipment, Sump Pump
  • Spa Features: Gunite
  • Spa Y N: Yes
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 4914
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 2
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 2591
  • Rooms Basement: 3

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Direction Faces: West
  • Exterior Features: Outdoor Fire Pit, Sprinkler System
  • Foundation Details: Concrete Perimeter, Full
  • List Price: 2650000
  • Patio And Porch Features: Breeze Way, Covered Porch
  • Pool Features: In Ground
  • Pool Private Y N: Yes
  • Property Condition: Updated/Remodeled
  • Waterfront Features: Water Access, Dock
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Aggregate, Attached, Detached, Garage Door Opener, Rear/Side Entry
  • Garage Parking Other: Floor Drain,Finished Garage,Keyless Entry

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric, Attic Fan
  • Heating: Dual, Forced Air, Gas
  • Laundry Features: Main Level, Upper Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: -
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Private, Insurance, Maintenance, Management, Snow Removal, Trash, Sewer

Lot Info

  • Lot Features: Gated Community, Wooded
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 1.72
  • Parcel Number: 291502009002000020
  • Acres: 1-3 Acres
  • Price Acre: 1395349

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 23930
  • Tax Lot: 25
  • Semi Annual Property Tax Amt: 11965
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption,Other Tax Exemption/See Remarks

MLS Schools

  • High School: Hamilton Southeastern HS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $2,400,000 -9.4% $193 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
03/05/2024 03/05/24 Price Changed $2,650,000 -1.7% $213 / Sq Ft
10/02/2023 10/02/23 Price Changed $2,696,969 +7.9% $217 / Sq Ft
10/02/2023 10/02/23 Price Changed $2,500,000 -7.3% $201 / Sq Ft
09/20/2023 09/20/23 For Sale $2,696,969 +41.9% $217 / Sq Ft
12/10/2021 12/10/21 Sold $1,900,000 -11.6% $253 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $2,149,000 +10.2% $286 / Sq Ft
06/22/2015 06/22/15 Sold $1,950,000 -9.3% $260 / Sq Ft
03/03/2015 03/03/15 For Sale $2,150,000 -- $286 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,724 $2,119,000 $311,600 $1,807,400
2023 $25,724 $2,068,400 $311,600 $1,756,800
2022 $23,861 $1,843,200 $311,600 $1,531,600
2021 $22,720 $1,734,200 $311,600 $1,422,600
2020 $23,929 $1,821,000 $311,600 $1,509,400
2019 $24,287 $1,843,700 $311,600 $1,532,100
2018 $46,347 $1,788,900 $311,600 $1,477,300
2017 $20,576 $1,584,800 $311,600 $1,273,200
2016 $20,938 $1,614,600 $311,600 $1,303,000
2014 $19,031 $1,619,500 $311,600 $1,307,900
2013 $19,031 $1,635,100 $311,600 $1,323,500
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $470,000 Credit Line Revolving
Previous Owner $210,000 Credit Line Revolving
Previous Owner $1,330,000 Loan Amount Between One & Nine Billion
Previous Owner $250,000 Commercial
Previous Owner $1,481,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 New Conventional
Previous Owner $417,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $701,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,100,000 Fannie Mae Freddie Mac
Previous Owner $990,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $2,400,000 Foundation Title
Warranty Deed $1,900,000 Chicago Title Company Llc
Warranty Deed -- Attorney
Interfamily Deed Transfer -- Midwest Title Corporation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21944176

MIBOR Broker Listing Cooperative®

APN: 29-15-02-009-002.000-020